The Bitcoin Halving is imminent, but the prices are currently developing differently than expected. Instead of rising from one all-time high to the next, global market capitalization has declined by 0.03% in the last 24 hours.
This continues a trend that has already become apparent in the last few days. Bitcoin fell by around 8% on a weekly basis to around 63,000 US dollars, Ethereum fell by 12% and is currently trading at around 3,000 US dollars and Solana had to cope with a weekly loss of 18%, the price of $SOL is currently at
$138.
There are currently several factors coming together that can have a negative impact on crypto prices which is why the markets are currently correcting. On the one hand, there is the current geopolitical situation and interest rate policy developments in the USA. In addition, the crypto market is generally very volatile.
This can certainly make crypto beginners sweat in fear. Now you can of course sell all coins immediately and hope to keep your losses as low as possible. But you can also wait, reorganize your portfolio, buy more coins (buy the dip), and look for new investments.
After The Bear Is Before The Bull
Because if, for example, the year 2023 has shown one thing, it is that after the bear comes before the bull. At the beginning of 2023, the crypto market was still struggling with the aftermath of the bankruptcy of the FTX crypto exchange and the collapse of the Terra/Luna cryptocurrency.
At that time, Bitcoin was trading at around 17,000 US dollars, Ethereum at around 1,200 US dollars, and Solana, with a price of around 9 US dollars, could only be found below. Especially in the second half of 2023, cryptos made an impressive comeback. Solana in particular managed to return to the upper echelons of the crypto rankings, which is also thanks to the sensational success of the meme coin BONK.
Coins With Bull Market Potential
Meme coins in particular are extremely popular with investors. In the first quarter of 2024, the joke currencies were among the most profitable cryptos, rewarding investors with returns averaging 1,300%. Incidentally, these included some coins that only came onto the market in March 2024. Newcomer BRETT was even the most profitable meme coin with a return of 2,700%. So if you are looking for coins with potential for the 2024 bull market, you should take a look at meme coin projects.
Slothana ($SLOTH)
Since the great success of BONK and Dogwifhat, which was the second most successful meme coin in the first quarter of 2024 with a return of 2,700%, Solana meme coins have been a big topic in the crypto space. Almost every project that has been launched on the blockchain has reliably made its way into the trending charts and has probably made its investors very happy.
Of course, the new Solana Sloth meme coin Slothana wants to build on these successes – and you can definitely say that the positive signs are there. Within a very short period of time, $SLOTH managed to raise capital of over $10 million in $SOL. Slothana is a classic meme coin with manageable utility and great upselling potential that wants to bring fun and returns to its investors.
Just Buy Slothana
A plus point and a factor why Slothana is so well received by early bird investors could be, in addition to the great potential, the extremely simple pre-sale. To buy $SLOTH you have two options.
Either you connect a compatible wallet to the website or you send $SOL to a wallet address (1 $SOL equals 10,000 $SLOTH). That’s all. There are no different levels with subsequent price increases. If you still want to buy $SLOTH in the pre-sale, you should hurry up, because the pre-sale is already on the home stretch.
Dogeverse ($DOGEVERSE)
The new meme coin project Dogeverse serves two or three hype topics in the crypto verse. On the one hand, there are meme coins (which are actually already evergreen), plus staking and multichain.
Dogeverse is a multichain token that runs on the six most popular blockchains. The coin has already launched on Ethereum, Polygon, BNB and Avalanche. Solana and Base will follow soon.
Multichain projects are becoming increasingly important, especially with regard to increasing interoperability. $DOGEVERSE is available to purchase in PreSale right now and is currently priced at $0.000296. Since pre-sales take place over different stages, early bird investors who buy in time can secure a book profit in advance.
The Dogeverse Staking
As an ERC-20 token, the coin also has a staking function. You don’t have to wait until the pre-sale is over. This gives early bird investors the opportunity to secure high returns before listing. There are currently around 9.4 billion tokens locked in the staking contract, the APY is 169%.
The multichain function gives investors the opportunity to choose their preferred blockchain. However, pre-staking is only possible if you decide to purchase via the Ethereum blockchain.
